In a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.
BEN BERNANKEIn the future, my communications with the public and with the markets will be entirely through regular and formal channels.
More Ben Bernanke Quotes
-
-
Weaker currencies abroad mean a strong dollar, and a stronger dollar, together with a weak global environment, is a drag on the U.S. econom.
BEN BERNANKE -
If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.
BEN BERNANKE -
I’d throw dollars out of helicopters if I had to, to stimulate the economy.
BEN BERNANKE -
Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.
BEN BERNANKE -
If Wall Street crashes, does Main Street follow? Not necessarily.
BEN BERNANKE -
The central bank needs to be able to make policy without short term political concerns.
BEN BERNANKE -
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.
BEN BERNANKE -
Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.
BEN BERNANKE -
Both humanity’s capacity to innovate and the incentives to innovate are greater today than at any other time in history.
BEN BERNANKE -
The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending.
BEN BERNANKE -
I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.
BEN BERNANKE -
It’s the price of success: people start to think you’re omnipotent.
BEN BERNANKE -
In fact, the world needs more nerds.
BEN BERNANKE -
I don’t see much evidence of an equity bubble.
BEN BERNANKE -
I come from Main Street, from a small town that’s really depressed.
BEN BERNANKE -
If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
BEN BERNANKE -
The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.
BEN BERNANKE -
Economics is a very difficult subject. I’ve compared it to trying to learn how to repair a car when the engine is running.
BEN BERNANKE -
Not all information is beneficial.
BEN BERNANKE -
Although low inflation is generally good, inflation that is too low can pose risks to the economy – especially when the economy is struggling.
BEN BERNANKE -
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
BEN BERNANKE -
[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.
BEN BERNANKE -
I am confident that we will meet whatever challenges the future may bring.
BEN BERNANKE -
The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.
BEN BERNANKE -
The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.
BEN BERNANKE -
The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.
BEN BERNANKE